0000894189-08-000742 Sample Contracts

ADVISORS SERIES TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • February 28th, 2008 • Advisors Series Trust • California

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 1st day of November, 2003, by and between Advisors Series Trust, a Delaware statutory trust (the “Trust”), on behalf of Provident Investment Counsel Growth Fund, Provident Investment Counsel Small Cap Growth Fund, Provident Investment Counsel Mid Cap Fund, and the Provident Investment Counsel Twenty Fund (the “Funds”), each a series of the Trust, and the Advisor of the Fund, Provident Investment Counsel, Inc., a Massachusetts corporation (the “Advisor”).

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ADVISORS SERIES TRUST INVESTMENT ADVISORY AGREEMENT (Provident Investment Counsel Growth Fund, Provident Investment Counsel Small Cap Growth Fund, Provident Investment Counsel Mid Cap Fund, and Provident Investment Counsel Twenty Fund)
Investment Advisory Agreement • February 28th, 2008 • Advisors Series Trust • California

THIS INVESTMENT ADVISORY AGREEMENT is made as of the 1st day of November, 2003, by and between Advisors Series Trust, a Delaware business trust (hereinafter called the “Trust”), on behalf of the following series of the Trust, Provident Investment Counsel Growth Fund, Provident Investment Counsel Small Cap Growth Fund, Provident Investment Counsel Mid Cap Fund, and Provident Investment Counsel Twenty Fund (the “Funds”) and Provident Investment Counsel, Inc., a Massachusetts corporation (hereinafter called the “Advisor”).

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